AECOM, the contractor overseeing the project, said it may resume
work at the site in early 2017, according to a statement
obtained by Jalopnik on Monday.

The factory project was expected to create 4,500 jobs in the
economically depressed region minutes from the Las Vegas Strip.

A Faraday Future representative told Business Insider late Monday
that the company is "refocusing efforts" on its upcoming
production vehicle in the meantime.

In
an email to Business Insider last month, Faraday Future said
business between the startup and AECOM was "strong" and that it
was "committed to building [the] factory of the future in North
Las Vegas."

In that same statement, the company asserted that both companies
were "working diligently to resolve the overdue payment."

According to comments from Nevada state treasurer Dan Schwartz
cited
in the Las Vegas Review-Journal on Sunday, it appears that
little progress was made in that endeavor. "We've expressed
concerns from the beginning that Faraday didn't have the funds to
undertake or complete this project," Schwartz said. "Within the
last several weeks, our concerns remain unabated."